The governing United Russia Party held its “primaries” in the last week of May. The votes were tallied and a party congress will, on June 19, approve a list of candidates for the September Duma elections.
The IEA has said that the road to net zero by 2050 is “narrow but still achievable,” so long as there is no more investment in new coal projects, in order to limit global warming to 1.5C.
Russia will entirely remove the dollar from the basket of currencies in its National Welfare Fund (NWF) as the Kremlin’s drive to de-dollarise continues to gather momentum.
The well respected and widely read VTimes independent news service announced its closure on June 3 after the Justice Ministry designated it as a “foreign agent” last month, the latest in a string of independent news organisations to be attacked.
Russia is starting to overcome production bottlenecks of its Sputnik V coronavirus (COVID-19) vaccine as output capacity tops 30mn doses a month.
Jailed top Belarusian opposition journalist Roman Protasevich appeared in an interview on state TV where he praised Belarus' President Alexander Lukashenko and said that he has “balls of steel” on June 3.
Iron prices have surged to nine-year highs in the post-COVID commodities boom that got underway at the end of last year, but that is now pushing up the cost of carbon for producers and eating into their profits.
Everyone in the world had a terrible 2020, ravaged by the coronavirus (COVID-19) pandemic and hurt by multiple economic shocks, including a collapse in the oil price last March. But Belarus had it worse.
The sales of goods under own private labels by Russian retailers have risen by 12.2% year on year in May-April 2021, reaching 5.3% share in total sales.
Russia is back as a military force and in the last 15 years it has pushed to re-establish itself in the Mediterranean, with unexpected success.
The headline seasonally adjusted IHS Markit Russia Manufacturing PMI registered 51.9 in May, up from 50.4 in April, its strongest improvement since March 2019, Markit said in a press release on June 1.
Russia’s gross international reserves (GIR) posted $600.9bn in May, its highest level ever, and $2bn more than the previous all time high set in August 2008, just before the global financial crisis hit.
Russian e-commerce domestic sales of physical goods amounted to RUB2.7 trillion (some $37bn at the average exchange rate of the year), up 58% from 2019 – placing Russia among the world’s fastest-growing e-commerce markets.
In this second coronavirus spring, Russian-founded food delivery services are making their way in western countries. One of them is Getfaster.io, a German fresh product retail and delivery company launched in 2020.
Sofia Sapega, the girlfriend of Belarusian opposition journalist Roman Protasevich who was arrested after a Ryanair flight was forced to land in Minsk last week, will be tried on inciting hatred and organising mass rally charges.
Deputy Prime Minister Andrei Belousov claimed that Russian metals majors have "cheated" the state for RUB100bn ($1.4bn) worth of capital investments and state military orders in an interview to RBC business portal.
Kremlin takes stock of serious border clash between Kyrgyzstan and Tajikistan and bracing of region for Taliban reaction to pullout of US troops from Afghanistan by September.
Will the West end up saving Alexander Lukashenko by its eagerness to target Vladimir Putin? Will it force a Belarus-Russian Anschluss that no one – not Europe, not Moscow, not Minsk – really wants?
Russian President Vladimir Putin has been pushed into giving support to Belarusian President Alexander Lukashenko over the Ryanair flight affair.
The Russian banking sector is having its most profitable year in the last five years. It has continued to follow the course of 2019, the first year of strong growth since 2014, and the outlook is rosy.